Some people consider Hyundai and Kia to be simply rebadged versions of the same cars. The two brands do have a close relationship, despite the fact that this is not the case. Hyundai acquired Kia in 1998 and now has a 51 percent share in the business. The two corporations are now regarded as sisters because that share has decreased to around a third.
Hyundai and Kia frequently use one another’s vehicle platforms as a result of their tight cooperation. Do the cars from both brands have the same engines?
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Are the engines in Kia and Hyundai the same?
There are many parallels between Hyundai and Kia. Both companies are situated in South Korea and have comparable product lines. In actuality, just 34% of Kia Motors is owned by Hyundai Motor Co. Many of these vehicles share engineering, platforms, and powertrains. Hyundai and Kia, however, run their businesses separately. Each brand continues to operate its own design studios, engineering team, sales team, and marketing division. Having said that, there are really more positive similarities between the two brands than negative ones, which is good. Both manufacturers produce luxurious cars with excellent warranties that their owners adore. Nevertheless, it’s important to be aware of these minor variations so that you can make an educated decision.
What led Hyundai to acquire Kia?
In 1997, Kia declared bankruptcy after becoming a stand-alone autonomous company. In 1998, Hyundai Motor Group made the decision to buy the automaker in order to keep it viable.
Which came first, Hyundai or Kia?
According to the Wikipedia page for the Kia Corporation, Kia was established in Korea in 1944. However, the Hyundai Motor Company’s Wikipedia states that the Hyundai Engineering and Construction Company was founded in 1947. The Hyundai Motor Company was not established until much later, in 1968. So it’s clear that Kia came first.
Hyundai and Kia merged when?
Our life is quality. At Kia, a firm that was quick to embrace the need for quality improvement as a matter of corporate survival, it has evolved into a way of life. The conventional wisdom held that the best way to fix poor quality was to offer good after-sale support. Product quality is now prioritized above everything else and permeates the entire organization. Even the highest standards of after-sales service necessitate rigorous quality management efforts at all levels, whether at the level of the product or of the individual service.
Further Reading:
- Broughton, March “San Francisco Business Times, “Kia Drives into Town with Nine Bay Area Dealerships,” April 15, 1994, p. 3.
- Steven Butler, “U. S. News and World Reports, May 18, 1998, “Korean Car Makers May Be Up for Grabs.”